MetaCap

Inspire Medical Systems (INSP) vs Pulse Biosciences (PLSE)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.

Summary

Pulse Biosciences (PLSE) has outperformed Inspire Medical Systems (INSP) over the past year, gaining 150.7% versus a loss of 15.1%. Over five years, PLSE leads with a +130.9% price change compared with -72.8% for INSP. Pulse Biosciences is the larger company by market cap ($3.84 billion vs $1.99 billion), about 1.9 times the size.

Inspire Medical Systems converts more of its revenue into profit, with a net margin of 15.9% versus -20794.6%.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

INSP-15.09%PLSE+150.65%
+188%+64%-60%
Oct 8, 20251 yearOct 8, 2026
INSP-71.13%PLSE+144.40%
+176%+35%-106%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

INSP versus PLSE key metrics
MetricINSPPLSE
Share price$68.89$53.81
Market cap$1.99B$3.84B
1-day change+3.30%+7.66%
YTD return-27.69%+264.02%
1-year return-15.09%+150.65%
5-year return-72.80%+130.85%
P/E ratio (TTM)15.17—
Forward P/E44.59—
EPS (TTM)$4.54$-1.18
Dividend yield0.00%0.00%
Annual dividend$0.00$0.00
Revenue (latest FY)$911.98M$350.00K
Revenue growth (YoY)+13.60%—
Net income (latest FY)$145.42M$-72.78M
Gross margin85.39%-54.00%
Operating margin5.59%-21982.57%
Net margin15.95%-20794.57%
52-week high$147.03$58.90
52-week low$38.91$12.56
Distance from 52-week high-53.15%-8.64%
Analyst consensusholdstrong_buy
Avg. price target upside-5.65%+5.00%
Average volume798.17K502.81K
Shares outstanding28.91M71.32M
Employees1,333116
SectorHealth CareHealth Care
IndustryMedical/Dental InstrumentsMedical/Dental Instruments

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • PLSE has outperformed INSP by 165.7 percentage points over the past year.
  • Inspire Medical Systems is more profitable, keeping 15.9 cents of every revenue dollar as net income versus -20794.6 cents for Pulse Biosciences.

About Inspire Medical Systems

INSP stock →

Inspire Medical Systems, Inc., a medical technology company, focuses on the development and commercialization of minimally invasive solutions for patients with obstructive sleep apnea (OSA) in the United States and internationally. The company offers Inspire system, a neurostimulation technology that provides a safe and effective treatment for patients with moderate to severe OSA.

Health Care · Medical/Dental Instruments · 1,333 employees

About Pulse Biosciences

PLSE stock →

Pulse Biosciences, Inc. operates as a novel bioelectric medicine company.

Health Care · Medical/Dental Instruments · 116 employees

INSP vs PLSE FAQ

Which is bigger, Inspire Medical Systems or Pulse Biosciences?

Pulse Biosciences (PLSE) is larger, with a market capitalization of $3.84B compared with $1.99B for Inspire Medical Systems (INSP).

Which stock has performed better over the past year, INSP or PLSE?

PLSE returned +150.65% over the past 12 months, compared with -15.09% for INSP (price return, excluding dividends). Past performance does not predict future results.

Are Inspire Medical Systems and Pulse Biosciences in the same industry?

Yes. Both are classified in the Medical/Dental Instruments industry within the Health Care sector.

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